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May 29, 2024 | Koo Explains Balance Sheet Recessions

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel ( Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog:

Once the private sector is focused on paying down debt, economic growth is much harder to generate. Not just in China.

Richard Koo, Chief Economist at Nomura Research Institute, explains why he thinks Beijing’s stimulus so far is not enough to get the country out of a “balance sheet recession”. Here is a direct video link.

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May 29th, 2024

Posted In: Juggling Dynamite

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